The ValueLine Arithmetic Index (VLE) continues to look good in the long term. Price has not broken through the top of the first five wave set from 2002-2005.
The Wilshire 5000 Total Market is now at the 1:1 descending Gann Angle and in a good position to bounce.

Charts courtesy of Stockcharts.com
Tags: Elliott Wave Analysis · Gann Angle Fan · Market Outlook · Value Line Arithmetic Index (VLE)No Comments

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